Diamond News

RSS

Diamcor Mining Acquires Krone-Endora Project

Diamcor Mining Inc. (TSXV: DMI) has announced that further to its release on December 14, 2010, the parties to the transaction have received confirmation the registration of the cession documents for Krone and Endora have been completed with the Department of Mineral and Petroleum Titles Registration Office of the South African Department of Mineral Resources.

From Diamcor Mining Inc. 1 Mar 2011

South Africa Launches State Mining Company

The South African government has launched a state owned mining company. President Jacob Zuma launched the African Exploration Mining and Finance Corporation or AEMFRC with the hope that it would bring all state mining interests into its remit.

28 Feb 2011

Peregrine Diamonds Yields 96 Larger Diamonds from Chidliak Project in Canada

Peregrine Diamonds Ltd. (TSX:PGD) has reported a coarse diamond size distribution in a 74.4 kilogram sample collected by core drilling from the CH-20 kimberlite located on the 8,580 square kilometre Chidliak project, Baffin Island, Nunavut, Canada.

25 Feb 2011

Peregrine Diamonds Announces Microdiamond Results from Chidliak Project in Canada

Peregrine Diamonds Ltd. (TSX:PGD) has reported microdiamond results showing a coarse diamond size distribution from drill core and reverse circulation drill cuttings acquired from the north and south lobes of the CH-7 kimberlite on the 8,580 square kilometre Chidliak project on Baffin Island, Nunavut, Canada.

23 Feb 2011

Olivut Resources Signs LOI with Latin American Minerals to Explore Itapoty Diamond Project

Olivut Resources Ltd. (TSXV: OLV) has announced that it has signed a non-binding Letter of Intent dated February 15, 2011 with Latin American Minerals Inc. (TSXV: LAT) to explore the Itapoty Diamond Project located in central Paraguay, South America.

From Olivut Resources Ltd 17 Feb 2011

Obama Proposes Hard Rock Mining Royalties

President Obama has submitted a new budget proposal to Congress that will charge royalties to mine some hard rock minerals. The budget proposes that new royalties on silver, gold and copper hard rock mining be levied. Then the states getting paid mineral revenues would need to pay back some of it to manage the costs of handling mineral releases.

16 Feb 2011

Shear Diamonds and Nunavut Resources Enter Mutual Co-Operation Agreement

Shear Diamonds Ltd. (TSX VENTURE:SRM) has announced the signing of a Mutual Co-Operation Agreement with the Nunavut Resources Corporation.

15 Feb 2011

De Beers Unfazed by South African Moves to Nationalize Mines

South Africa may be scaring its mining community with talks of the nationalization of mines but global diamond mining and trading giant De Beers is not bothered. The South African unit of the world’s largest diamond producing company is confident that a 10 billion Rand mine expansion project will be approved by the government.

13 Feb 2011

Rio Tinto Exploration Canada Plans for Diamond Exploration at CH Project Claims

GGL Resources Corp. (TSX VENTURE:GGL) reports that Rio Tinto Exploration Canada Inc. ("RIO") has notified GGL that it is planning to budget approximately $650,000 for diamond exploration on the CH Project claims.

From GGL Resources Corp. 8 Feb 2011

Afri-Can Marine Minerals Receives Approval to Buy Shares of EPL 3403 Marine Diamond Concession in Namibia

Afri-Can Marine Minerals Corporation (TSX VENTURE:AFA) announces that at its Annual General Meeting held on January 26th, 2011, it received approval from its shareholders regarding the acquisition of the shares of Thyme Investment Ltd, the owner of the EPL 3403 Marine Diamond Concession in Namibia.

27 Jan 2011